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LONDON - Volex plc has set the reference price for its scrip dividend option at 364.8 pence per share, according to a company statement released Thursday.
The electronics manufacturer said the price represents the average mid-market closing price of its ordinary shares over the five dealing days starting from the ex-dividend date.
Volex plans to pay a final dividend of 3.0 pence per share on September 5, 2025, to shareholders registered as of August 1, 2025. Shareholders can choose to receive this dividend in the form of new company shares rather than cash through the Volex plc Scrip Dividend Scheme.
The dividend payment and scrip option remain subject to shareholder approval at the company’s annual general meeting scheduled for Thursday.
Shareholders wishing to elect for shares instead of cash must submit their choice by 5:00 p.m. on August 14, 2025. This can be done by completing a Scrip Dividend Mandate Form, making an online election, or submitting a Dividend Election Input Message through CREST.
Those who have previously opted for a permanent scrip election do not need to complete a new form for this dividend, except for CREST shareholders who must make a new election for each dividend period.
The company noted that further information about the scrip dividend scheme is available on its website.
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